At a Glance
- Tasks: Analyse short-term power markets and support trading strategies with data-driven insights.
- Company: Join a leading energy company focused on innovation and sustainability.
- Benefits: Competitive salary, flexible working hours, and opportunities for professional growth.
- Other info: Dynamic team environment with opportunities to work on cutting-edge projects.
- Why this job: Make an impact in the energy sector while developing your analytical skills.
- Qualifications: Strong analytical skills and a passion for data-driven decision making.
The predicted salary is between 50000 - 60000 £ per year.
Department: The Short-Term Analytical Team is an operational team with the following structure:
- 6 market analysts and a manager supporting the French Desk on weekdays: 3 analysts are working on Intraday horizon in Paris, 3 analysts are working on Day Ahead and Week Ahead horizons in London.
- The analysts on shift analyse the whole European electricity system in order to support the desks for price forecasting and the trading strategy.
- 7 analysts, a deputy and a manager dedicated to the optimization of the EDF portfolio on Day Ahead and Week Ahead horizon. These analysts are working 7/7 in Paris.
- The analyst on shift models the available flexibility of the EDF system and translates it into EPEX orders to realise an economically efficient optimisation on the Day Ahead electricity market.
- The Analytics Engineering Manager and 2 software engineers.
Position Purpose: The role is based in London. In order for EDF Trading to maximise the return from the month-ahead to day-ahead wholesale power markets, either from EDF generation assets or through proprietary trading, the traders require detailed, commercially focussed analysis produced on a timely basis.
In the front office, working closely with both the short-term analysts in charge of EDF portfolio optimisation in Paris and the power traders in London, the Short-Term Power Market Analyst has a dual role covering both operational and development duties.
Main Operational Responsibilities:
- Market Analysis: Provide data analytics and risk analysis on short term power market to the desk.
- Support the Short-Term desk for the price forecasts and trading strategies.
- EDF system risk analysis: Follow the Day-Ahead and Week-Ahead optimisation shifts.
- Communicate time critical information to the traders.
- Ensure compliance with regulatory requirements, including REMIT, through the consistent application of defined processes.
Main Development/Modelling Responsibilities: The short-term power market analyst is responsible for the whole life cycle of an application or a model: from the research/design to the development/implementation and the maintenance. The analyst is autonomous on his/her projects and is responsible for critical applications.
Example of models/applications/solutions:
- Fundamental and quantitative (statistical, data science driven) models to better anticipate market behaviour and improve price forecasting models. All components of the market could be addressed like load forecast, competitors’ orders, availabilities, etc.
- Automation of workflows.
- Data visualisation via web applications.
SHORT TERM POWER MARKET ANALYST F/H (2024-113358) in City of Westminster employer: EDF France
EDF Trading is an exceptional employer, offering a dynamic work environment in London where innovation meets collaboration. With a strong focus on employee growth, we provide opportunities for professional development through hands-on projects and cutting-edge analytics in the fast-paced energy market. Our inclusive culture fosters teamwork and encourages employees to contribute to meaningful solutions that drive the future of energy trading.
StudySmarter Expert Advice🤫
We think this is how you could land SHORT TERM POWER MARKET ANALYST F/H (2024-113358) in City of Westminster
✨Tip Number 1
Network like a pro! Reach out to current employees at EDF Trading on LinkedIn or through industry events. A friendly chat can give us insights into the company culture and maybe even a referral!
✨Tip Number 2
Prepare for the interview by brushing up on your market analysis skills. We recommend practising common questions related to price forecasting and risk analysis. Show them you know your stuff!
✨Tip Number 3
Don’t forget to showcase your analytical projects! Whether it’s a model you built or a data visualisation you created, bring it up during interviews. It’ll demonstrate your hands-on experience and passion for the role.
✨Tip Number 4
Apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take that extra step to connect with us directly.
We think you need these skills to ace SHORT TERM POWER MARKET ANALYST F/H (2024-113358) in City of Westminster
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Short-Term Power Market Analyst role. Highlight relevant experience in market analysis, data analytics, and any specific projects that showcase your skills in price forecasting and trading strategies.
Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for this role. Share your passion for the power market and how your background aligns with our needs. Don’t forget to mention any experience with compliance and regulatory requirements!
Showcase Your Analytical Skills:In your application, be sure to highlight your analytical skills and any tools or methodologies you’ve used in past roles. We love candidates who can demonstrate their ability to provide data-driven insights and support trading strategies.
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s the easiest way for us to keep track of your application and ensure it reaches the right team!
How to prepare for a job interview at EDF France
✨Know Your Market Inside Out
Make sure you brush up on your knowledge of the short-term power market. Understand the key players, recent trends, and how EDF Trading fits into the bigger picture. This will show that you're not just interested in the role but are genuinely engaged with the industry.
✨Showcase Your Analytical Skills
Prepare to discuss specific examples of how you've used data analytics in previous roles. Be ready to explain your thought process when analysing market data or developing models. This is crucial for demonstrating your fit for the operational and development duties of the role.
✨Communicate Clearly and Confidently
Since you'll be communicating time-critical information to traders, practice articulating complex ideas simply and clearly. Use examples from your past experiences where effective communication made a difference in your work.
✨Be Ready for Technical Questions
Expect questions about modelling techniques and data visualisation tools. Brush up on relevant software and methodologies that are commonly used in the industry. Showing familiarity with these tools will give you an edge in the interview.
